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  1. RANDOTRON

    New here!

    Hi there! First of all, welcome to the forum! Here's a few threads within this community to get you started: TCLA Vacation Scheme Application Discussion Thread: useful for asking questions and finding answers - try popping a question you have in the search bar and see if it returns any...
  2. RANDOTRON

    TCLA Vacation Scheme Applications Discussion Thread 2022-23

    Hi there! You can have a look at the practice areas they excel in and rank highly here: https://www.chambersstudent.co.uk/fieldfisher/true-picture/137/1#%23firm-rankings. They also put out a press release discussing their ranking as of 2022...
  3. RANDOTRON

    Advice on SIPs

    Firstly, congratulations on receiving three offers! What have you heard in regards to the conversion rate for the other two firms?
  4. RANDOTRON

    Sillicon Valley Bank collapse

    To add on to what @CorpLawyer00 referred to in the linked tweet is looking at why SVB invested in long-term securities. Matt Levine over at Bloomberg does a great explanation of this. Here's the excerpt from Matt: "The weird problem with focusing exclusively on crypto or startups in 2021 is...
  5. RANDOTRON

    My Training Contract Journey

    Just to add onto the superb list provided by @j.s.cox above, I highly recommend the following newsletters to help you develop that critical thinking mindset when reading news, analysing factual scenarios, or even answering questions. All of these newsletter go straight into your email inbox, so...
  6. RANDOTRON

    a confused law student's TC journey :)

    Hi there! I'm happy to discuss commercial topics and your thoughts with you if you pop them in here and mention me.
  7. RANDOTRON

    My Training Contract Journey

    I am not a TCLA staff member but it is great to read about your journey! I can see your dedication and it is really commendable! Food for thought on the Binance story (and for the wider crypto market as it stands today): do you think this a dot-com bubble moment for the crypto market?
  8. RANDOTRON

    TCLA General Discussion Thread 2022-23

    Yes. When you send a connection request, you can send a personalised note along with it. I usually give a short introduction of myself, state my interest for that particular role, and ask to have a chat about it in my note. If they accept your connection request, they'll arrange a call with you...
  9. RANDOTRON

    confused to commercially aware! trying to develop my commercial awareness

    Food for thought: Youtube rolled out their primetime channels to bring streaming movies and TV series onto the Youtube app itself (https://support.google.com/youtube/answer/12769543?hl=en). What impact will this have on Netflix and its future? Likewise, what will privatisation of 'actual TV'...
  10. RANDOTRON

    TCLA General Discussion Thread 2022-23

    I would add onto @Jessica Booker's comment and say if the firms is recruiting paralegal through an external recruiter (like EJ Legal), then you should immediately reach out the recruiter on LinkedIn about the role if the job post shows who the recruiter is as opposed to just submitting in your...
  11. RANDOTRON

    Watson Farley & Williams

    Hi there! From reading what you've provided, you can apply for an open day and a vacation scheme as it saids '[o]pen day applicants may return to apply for a vacation scheme or training contract at any time during the application window'. It does not make any sense for the firm to prevent you...
  12. RANDOTRON

    Vacation Schemes

    Hi there! Are you studying law in India or in the United Kingdom? I'm not super sure what you're asking for. Are you asking for how you can make your application stand out or are you asking the technical process to getting a vacation scheme? I assume the latter for now, but happy to discuss the...
  13. RANDOTRON

    TCLA Vacation Scheme Applications Discussion Thread 2022-23

    As @Jessica Booker mentioned in one of her comments (which I've quoted below for your convenience), it is better to cover your open days in another section. So you can leave it out in your work experience and mention it instead in answering the question you stated. In my opinion, it'll make your...
  14. RANDOTRON

    你好

    Hello! I figured I may as well introduce myself seeing how I've been on this platform for a little over a year. I am a future trainee at an international law firm and am currently a paralegal at the same firm. I came to the UK from HK as an international student to do my LL.B at a non-RG...
  15. RANDOTRON

    Understanding US law firms in the UK

    This article should answer your questions on billing: https://www.law.com/international-edition/2022/08/09/dollars-strength-may-influence-billing-talent-and-expenses-in-big-law-378-203061/?slreturn=20221007095908
  16. RANDOTRON

    TCLA Direct Training Contract Applications Discussion Thread 2022-23

    I would say apply anyways. 64% is a solid grade and I will say it is certainly more about the quality of your application. Mention your mitigating circumstance if you need to. If this is a firm that you genuinely want to go to, why count yourself out? You won't know what the outcome will be if...
  17. RANDOTRON

    TCLA Vacation Scheme Applications Discussion Thread 2022-23

    I would assume your employer means by the end of business day on 10 November, which will typically be 5:00pm. However, as @kokothemagicdragon said, you should send those documents in as early as you can, rather than leave it to the last minute.
  18. RANDOTRON

    TCLA Vacation Scheme Applications Discussion Thread 2022-23

    Structured finance is an umbrella term covering a wide range of products, like securitisation (which itself is an umbrella term) and syndicated loans. Structured finance is used when the scale of the borrower's financial needs cannot be met by traditional methods of financing (i.e., ordinary...
  19. RANDOTRON

    CC 400 Words

    Just because the word limit is 400 doesn't mean you have to write to the full word limit to have a good answer and you shouldn't base whether your answer is worth submitting or not based on the word limit. It's more about quality than quantity here. If I was writing an answer to this question, I...
  20. RANDOTRON

    TCLA Vacation Scheme Applications Discussion Thread 2022-23

    I can recommend sources in addition to those posted by previous repliers, but it depends on how much you want to learn about private equity. Are you looking to develop a general understanding of the subject area or dive into the in-depth practical aspects of the subject?

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